Polish state-controlled utility PGE has signed an agreement with private energy firm ZE PAK to establish the terms for acquiring full ownership of a joint venture which is planning a new nuclear station at Patnow-Konin, central Poland.
Under the deal, PGE aims to buy the remaining 50% shares in PGE PAK Energia Jadrowa (PGE PAK), a joint venture established in 2023 to oversee the eventual deployment of up to two South Korean APR-1400 pressurised water reactor technology at the Patnow coal site.
PGE said it hopes full control will allow “deeper analyses of additional potential sites” in consultation with the Polish government.
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